BSP and BDO Foundation to Develop Free Personal Finance Course for Filipinosby Fintech News Philippines May 30, 2023
BSP and BDO Foundation will work on the rollout of a nine-module interactive online course on personal finance dubbed “FinEd e-Learning Course”.
The course will feature topics such as financial planning, saving and budgeting, debt and investment management, digital financial literacy, fraud and scam prevention, the Personal Equity and Retirement Account, and financial consumer protection.
It aims to expand the coverage and accelerate the implementation of financial education programmes in the country through free learning and teaching activities that can be accessed anytime, anywhere.
The modules will be developed by 2023 and uploaded to e-learning platforms of the BSP and its FinEd partners. It will be accessible through mobile devices by early next year.
BSP Governor Felipe M. Medalla said,
“This project is in line with the central bank’s thrust to promote broad, convenient, and informed access to high-quality financial services among our kababayans [fellow Filipinos].
We welcome such collaborations that allow us to reach and serve more Filipinos.”
BDO Foundation’s President Mario A. Deriquito said,
“We are looking forward to working with the BSP on developing this online learning course to enhance the financial literacy and financial health of our partners, stakeholders, beneficiaries, and the public.
Through borderless learning, we will make FinEd on-demand and accessible to everyone—whether you are in Luzon, Visayas, Mindanao, or even abroad. We are excited to see the impact of this project on the lives of many Filipinos.”